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首页> 外文期刊>Strategic Management Journal >EXPLORATION AND EXPLOITATION ALLIANCES IN BIOTECHNOLOGY: A SYSTEM OF NEW PRODUCT DEVELOPMENT
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EXPLORATION AND EXPLOITATION ALLIANCES IN BIOTECHNOLOGY: A SYSTEM OF NEW PRODUCT DEVELOPMENT

机译:生物技术中的探索与开发联盟:新产品开发系统

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摘要

We link the exploration-exploitation framework of organizational learning to a technology venture's strategic alliances and argue that the causal relationship between the venture'.s alliances and its new product development depends on the type of the alliance. In particular, we propose a product development path beginning with exploration alliances predicting products in development, which in turn predict exploitation alliances, and that concludes with exploitation alliances leading to products on the market. Moreover, we argue that this integrated product development path is moderated negatively by firm size. As a technology venture grows, it tends to withdraw from this product development path to discover, develop, and commercialize promising projects through vertical integration. We test our model on a sample of 325 biotechnology firms that entered 2565 alliances over a 25-year period. We find broad support for the hypothesized product development system and the moderating effect affirm size.
机译:我们将组织学习的探索-开发框架与技术企业的战略联盟联系起来,并认为企业的联盟与其新产品开发之间的因果关系取决于联盟的类型。特别是,我们提出了一条产品开发路径,从探索联盟预测开发中的产品开始,然后依次预测开发联盟,最后以导致市场上出现产品的开发联盟结束。而且,我们认为这种整合的产品开发路径受到公司规模的负面影响。随着技术企业的发展,它倾向于退出产品开发路径,以通过垂直整合发现,开发和商业化有前途的项目。我们在325个生物技术公司的样本中测试了我们的模型,这些公司在25年的时间内加入了2565个联盟。我们为假设的产品开发系统和适度的效果确定规模提供了广泛支持。

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